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DERBENSKI

09/09/08 3:57 AM

#52406 RE: Hitman #52405

'Hitman'

In my response to you, I did not discuss traders and flippers.

I see a trader/flipper accessing this situation as whether or not FFGO has reached/sucked in all the newbs, or is there a remaining supply of newbs yet to be tapped, and will FFGO management be effective in reaching out to the remaining pool of newbs.

Under the theory that PT Barnum stated that there is a newb born every minute, one would have to calculate how many minutes have transpired, and how much available capital the average newb would have. The formulas would be as follows.

Minutes x available capital per newb = new newb dollars.
Untapped newbs x Marketing effort = old newb dollars.

From the totals above, one would have to subtract the appetite of the private equity groups against any rise in the price of FFGO. Since the private equity groups likely got the shares for near free, any remaining newbs at this late stage in the game, are likely going to be filled from private party shares.

Derb